OKI Electric Industry (6703) Earnings: Net Sales Up 1.2% YoY, Posting Net Income of 2.45 Billion Yen

OKI Electric Industry (6703) announced its latest financial results, reporting net sales of 86,138 million yen, representing a 1.2% increase year-on-year. While the company posted an operating loss of 1,867 million yen and an ordinary loss of 1,525 million yen, net income attributable to owners of the parent reached 2,453 million yen, with basic earnings per share of 28.28 yen. From a financial structure and valuation perspective, the equity ratio stands at a stable 41.4%, with retained earnings accumulating to 97.88 billion yen. Cash flow metrics remain robust, featuring positive operating cash flow of 13.43 billion yen and free cash flow of 20.76 billion yen. Cash and cash equivalents totaled 44.42 billion yen against interest-bearing debt of 87.79 billion yen, reflecting solid liquidity management backed by steady cash generation.